It is an office building in the city of Delmenhorst.
Four-storey building with total area of 3,214 m², situated on a plot of 1,278 m², was built in the early XX century and modernized several times, the last renovation has been carried out in 2012.
The facility is equipped with elevators and private stairs to ensure quick access to the office premises.
There is also a parking for 16 cars.
Absolute income is 270,439 €.
Projected income (after full leasing) is 306,843 €.
The current yield 8,1%.
The projected yield of 9,16%.
There are two major companies among the tenants. Long-term lease agreements.
There are garages and parking in the immediate vicinity of the property, as well as public transport.